Brothers, keep a close eye on SOL this coming week! A key battle between support and resistance is unfolding near crucial levels; holding the levels gives hope for a breakthrough, while breaking below requires vigilance against risk. The potential for explosive risks and opportunities coexist, and in three minutes, we will reveal the mysteries of next week's trends.
$SOL Next week's trend may oscillate before breaking through, with key support levels in the $174 - $179 range and resistance levels in the $192 - $206 range; breaking through or falling below these price points will determine the subsequent direction.
From a technical perspective, the current price of SOL is about $189, with the stochastic RSI entering the oversold area, increasing the probability of a short-term rebound. Although the MACD is dominated by bears, if it stabilizes above $192, it may form a golden cross that could trigger a market shift. The 4-hour K-line shows that the price rose previously, with bulls engulfing, but recent trading volume has decreased, and the upward momentum is weakening. The current 24-hour trading volume has shrunk to about $12.5 billion, and market sentiment is cautious; SOL needs to break through resistance levels with increased volume.
From a fundamental perspective, Solana has clear advantages. Its network can process up to 65,000 transactions per second, with low transaction fees and high scalability, making it an ideal platform for DeFi and NFTs. Recently, there have been significant advancements in the NFT and DeFi sectors, including collaborations with new NFT game projects and announcements of new NFT integrations, which have boosted market confidence. The executive director of the Blockchain Association also sees potential for its future. Meanwhile, whale activities show a large amount of SOL flowing from centralized exchanges to private wallets, reducing the circulating supply.
In terms of scenarios, in an optimistic case, if it breaks through the $206 resistance level, along with favorable news, the target can be set towards $220 - $250; in a neutral case, there is a 70% chance of oscillating in the $169 - $206 range; in a pessimistic case, if it loses the $174 support level, it may trigger a sell-off, with the price dropping to the historical strong support level of $152. Investors need to closely monitor market dynamics and make cautious decisions.
Follow Qiongqi for first-hand news analysis and share in the bull market feast! #SOL下期走势预测
